Wednesday, December 3, 2014

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BLAINE, Wash., Dec. 3, 2014 /PRNewswire/ – Hollund Industrial Marine, Inc. (HIMR)
(“Hollund” or the “Company”) an underwater forest management company,
announced today, that the Company is positioned with an ample wood
inventory that allows it to begin satisfying existing purchase orders
for underwater timber recovered from the Bayano reservoir.

Bayano
Lake Wood Products began harvesting operations shortly after receiving
the authorization to begin bringing trees to shore. With this, Hollund
began undergoing several important adjustments in support of an improved
market position and anticipated growth. With orders for various wood
species in the pipeline, management anticipates recognizing revenue.

“It
has been a long time coming, but I am happy to say that we are finally
in a position to begin distributing underwater timber harvested from the
Bayano project,” said Peter Meier, President of Hollund.”

Hollund
is now much better positioned to execute their strategic business plan,
focused on the recovery, sales and distribution of underwater
wood. Going forward, management will be able to deploy a more
streamlined business model as the new Hollund progresses in the area of
fully integrated aquatic resource operations.

This
news release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995 (the “ACT”). In
particular, when used in the preceding discussion, the words
“estimated,” “believe,” “optimistic,” “expect,” and similar conditional
expressions are intended to identify forward-looking statements within
the meaning of the ACT and are subject to risks and uncertainties, and
actual results could differ materially from those expressed in
forward-looking statements. Such risks and uncertainties include, but
are not limited to, unfavorable market conditions, increased
competition, limited working capital, and failure to implement business
strategies, actions by regulatory agencies, and other risks.